Recently, there has been a growing focus on India as a hub for global manufacturing. To meet these rising demands, ERP software companies in India are developing industry-specific solutions. Essentially, any ERP for a manufacturing company can effectively integrate business functions such as materials procurement, supply chain, and production.
Here’s a look at the best ERP solutions for manufacturing companies operating in the Indian market:
SAP Business One
Specifically designed as an ERP for small-to-medium-sized manufacturers, SAP Business One (or SAP B1) delivers a host of industry-specific benefits, including:
- Real-time visibility into manufacturing operations
- Enhanced inventory management to avoid overstocking and stockouts
- Streamlined production management to ensure an on-time production schedule.
- Easy customization to address the specific needs of any manufacturing company.
SAP S/4 HANA
Built on the SAP HANA database, SAP S/4 HANA is another reliable ERP for manufacturing companies operating in India. With capabilities like AI and embedded machine learning, this ERP system can benefit large and small manufacturers with features like production planning and supply chain management.
As an enterprise-level solution, SAP S/4 HANA can provide end-to-end process integration and real-time operational insights. Among the latest innovations, the cloud-powered SAP S/4 HANA solution provides both cost efficiency and scalability to fast-growing companies in the manufacturing domain.
Oracle NetSuite
With around 24,000 customers across the globe, Oracle NetSuite is among the leading ERP software companies in India. This cloud-powered ERP solution offers Indian manufacturers a variety of functions like supply chain management, real-time analytics, and inventory management.
Besides, NetSuite can also simplify manufacturing workflow right from the initial sales order, production planning, and monitoring work orders. Through its unified business insights, this ERP solution can facilitate faster and accurate decision-making.
Microsoft Dynamics 365
As a centralized, integrated ERP system, MS Dynamics 365 can connect various elements of any manufacturing setup – including back office and shop floor operations. With its on-premises and cloud versions, this ERP solution is designed for different types of manufacturers in India.
Additionally, MS Dynamics 365 supports IoT technology using built-in sensors, which can report any production delays or product quality issues. This cloud-based ERP solution provides manufacturers with both accessibility and scalability, along with reduced infrastructural costs.
Acumatica
Acumatica is another popular ERP for manufacturing companies as a cloud-based solution for both small and medium-sized enterprises. With its subscription-based model, Acumatica allows small manufacturers to scale up their operations with business growth.
Along with its advanced functionalities like project accounting and field service management, Acumatica is easy for ERP users with its intuitive user-friendly interface.
Infor SyteLine
As a fully functional ERP solution, Infor SyteLine is most popular among manufacturers with varying forms of production, including discrete and process-driven manufacturing. Manufacturers can deploy this ERP solution either on-premises or as a cloud-based tool.
Manufacturing companies can benefit from a host of ERP features, including:
- Advanced production planning and scheduling
- Quality control and management
- Product lifecycle management (PLM)
- Materials management
Epicor Kinetic
Previously referred to as Epicor ERP, Epicor Kinetic is a popular cloud-powered ERP solution that enables manufacturers to improve their operational efficiency and profitability. Available with licensed version and cloud subscription, this tool can fulfil manufacturing needs such as quality management, real-time process monitoring, and business intelligence.
In the manufacturing domain, Epicor Kinetic covers functional areas like financial management, supply chain management, and field service management.
Which is the best ERP for manufacturing companies?
Indian manufacturers can choose the right ERP solution depending on their company size and business requirements. Among these 7 solutions, SAP Business One is ideal for small to medium-sized manufacturers with 100-500 employees. Larger manufacturers with diverse operations can consider SAP S/4 HANA as their ERP solution.
Among the leading ERP software companies in India, Praxis Info Solutions is an experienced SAP business partner with diverse industry experience in the manufacturing domain. This Pune-based solution provider specializes in customized ERP solutions for general and project-based manufacturers. Our professional team can also consult with you on the best SAP ERP solution that can address your needs.
If you want to know more, then get in touch with our team.
